Crypto Contest October 29: Mantle

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Mantle (CRYPTO: MNTUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, MNT began a red wave one advance on October 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 22 and the red wave two (blue sub-waves a-b-c) correction ended on October 25. If this wave count is correct, MNT should be heading next towards the October 22 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Mantle brings mass adoption of decentralized & token-governed technologies. Lark Davis reviewed the project three months ago.

(Sources: https://www.mantle.xyz/)

How Will Mantle Trade?

Mantle (CRYPTO: MNTUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

MNT will takeout the October 22 peak

MNT will drop below the October 18 low

MNT will stay in a trading range between the October 18 low and the October 22 peak until December 5

Comments